What is the difference between saving and investing?

Building Your Portfolio

Quiz
•
Business
•
7th Grade
•
Hard
Stephanie Hickey
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Saving has a higher risk than investing.
Investing is only for wealthy people.
Saving is putting money aside for future use, while investing is using money to try to make more money.
Investing is for short-term goals, while saving is for long-term goals.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to set investment goals?
To ensure you have enough money for daily expenses.
To decide how much money to spend on vacations.
To make sure you can buy everything you want.
To align your investment strategy with what you want to achieve.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might be a reason for someone to invest?
To afford luxury travels.
To spend more money on hobbies.
To generate income or wealth preservation.
To have money for shopping.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does risk tolerance mean?
The interest rate on savings accounts.
The measure of how much loss you are willing to accept in your portfolio.
The ability to invest in high-risk stocks.
The fees associated with investing.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might a person in their 20s have a higher risk tolerance than someone in their 50s?
Because they have a higher income.
Because they are more interested in technology stocks.
Because they have less money to invest.
Because they have more time to recover from potential investment losses.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is sustainable investing?
Investing only in technology companies.
Seeking investments that promise immediate returns.
Investments that aim for positive financial returns and a positive impact on society.
Avoiding any kind of investment risk.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can you research stocks using Yahoo Finance?
By guessing which stocks will perform well.
By only looking at the most expensive stocks.
By navigating to finance.yahoo.com and exploring stock gainers or losers.
By sending an email to Yahoo asking for stock tips.
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a useful feature of your trading portfolio for research?
A direct CNBC news feed to stay on top of market news.
A list of all companies on the stock market.
The ability to change the portfolio's color theme.
A calculator for trading fees.
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